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Thursday, March 7, 2013

Reuters Money: What if they held a bull market and no one came?: James Saft

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03/7/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
What if they held a bull market and no one came?: James Saft
(Reuters) - The remarkable thing about the Dow Jones Industrial Average's new all-time record is how few people give a damn.
Stern Advice: As Dow hits record, should you pile in or run away?
WASHINGTON (Reuters) - The Dow Jones Industrial Average rallied to a record high on Tuesday, and if you are anything like the typical investor, that made you want to race out and buy stocks.
Is it too late to chase the stock market rally?
NEW YORK (Reuters) - As soon as the Dow Jones Industrial Average hit another all-time high (of sorts) on Tuesday, Kentucky-based financial adviser Billy Lanter began fielding phone calls from eager clients.
States' compact on taxes faces more defections
(Reuters) - At a time when more states are using tax policy as a way to attract businesses and compete for economic growth with neighboring states, a long-standing cooperative tax agreement among the states is under increasing threat.
Dow Jones record may boost spending by wealthy; others still wary
NEW YORK (Reuters) - About an hour after the Dow Jones industrial average hit a record high on Tuesday, Overland Park, Kansas-based financial adviser Brad Stratton got an e-mail from a client asking how she could "make hay while the sun shines."
Column: Richly deserved
(Reuters) - The tale of two worlds - the fabulously rich and the increasingly poor - is a defining narrative of contemporary life, and it continues to throw up vivid reminders, at once doleful and grimly hilarious.
How Sandy settlements can hit financial aid
ROCKAWAY BEACH, New York (Reuters) - Families whose homes were damaged by superstorm Sandy have one more insult they can add to their list of injuries: Unless they are careful, their children's student aid packages might get nicked.
Thomas Cook to cut 2,500 jobs in UK
LONDON (Reuters) - Travel firm Thomas Cook said it would cut 2,500 UK jobs and close 195 stores in Britain as the euro crisis, high fuel costs and unrest in key destinations like Egypt and Greece take their toll on the holiday business.
College aid cuts will send parents and students scrounging
WASHINGTON (Reuters) - College students dependent on work-study programs and federal grants will have a hard time making up for reduced funding in the new school year as federal budget cuts take hold.
E-tailers embrace same-day delivery, but U.S. shoppers shrug: survey
(Reuters) - Same-day delivery, one of the hottest e-commerce trends, is too expensive for most U.S. consumers, raising the risk that this could become another online shopping fad that goes cold, according to a survey released on Tuesday.
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